AI-powered AML compliance solutions provider Flagright has announced its collaboration with Manigo to improve security in the financial services sector. As per the information detailed in the press release, the strategic alliance between Flagright and Manigo is set to enhance security and increase innovation in the financial services industry.

Providing core banking and fintech infrastructure solutions in the payment sector, Manigo intends to advance its commitment to compliance automation by integrating Flagright’s Anti-Money Laundering (AML) and fraud prevention platform. Flagright – Manigo partnership objectives Through this collaboration, Manigo focuses on continuing to offer its users a secure, simplified, and efficient banking experience with risk management and compliance at its core. According to Manigo’s officials, the alliance with Flagright underlines the company’s commitment to delivering a safe digital banking environment to the end customers of its partners.

By leveraging Flagright’s technology, Manigo aims to increase its defences against fraud and financial crime, while also ensuring that its platform maintains its risk management and compliance capabilities. Additionally, Flagright’s AI technology and user-friendly, no-code interface are set to allow Manigo to conveniently implement compliance and fraud-prevention measures. Furthermore, the partnership underscores both companies’ allegiance to advancing financial security and their shared vision of improving how financial services are delivered. Representatives from Flagright highlighted their enthusiasm over the partnership with Manigo, a company that supports the enhancement of the digital banking sector with its tech solutions and simplifies how companies provide financial products under their brand.

Moreover, the alliance supports Flagright’s mission to improve financial security globally, with the company intending to assist Manigo’s platform with its security measures, contributing to a safer financial ecosystem for users. Flagright’s previous announcements With its AI-native AML compliance and fraud prevention solutions, Flagright intends to enable financial institutions across the world to mitigate financial crimes effectively. The company’s suite of products includes real-time transaction monitoring, case management, sanctions screening, and customer risk assessment, all via a user-friendly, no-code platform.

In addition to its collaboration with Manigo, Flagright recently partnered with SALT, intending to augment financial security for small and medium-sized businesses (SMEs) in Asia. SALT was set to integrate Flagright’s AML and fraud prevention technologies, with the strategic move being aimed at increasing the company’s capabilities in providing secure, efficient, and innovative financial services to Indian and Asian businesses. Prior to this announcement, Flagright joined forces with Traxion to improve the security and reliability of digital financial services across Southeast Asia. Through this collaboration, Traxion leveraged advanced technology to enhance its security measures, ensuring a safer transaction environment for all users.

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